Prime Chelsea Restaurant Lease for Sale
2 Elystan Street, Chelsea, London, SW3 3NS Location The premises occupy a prominent corner position fronting Chelsea Green at the junction of Elystan Street and Elystan Place. The King’s Road is a short distance to the south and with both Sloane Square and Brompton Cross being within short walking distance. The property's location combined with the superb dining and bar accommodation provides the opportunity to create an excellent London restaurant. Description The restaurant is arranged over the ground floor including a bar and kitchen with basement providing a further kitchen and ancillary accommodation and WC’s. The premises are fitted to a high standard throughout. Terms The lease provides full repairing and insuring terms and is for a term of 20 years from 7th November 2011. The current passing rent is £172,000 pax. Premium Offers invited. Use The existing use is for A3. The permitted user within the lease is for class A1, A3 and A4. Landlord & Tenant Act 1954 The lease is contracted out of the Landlord & Tenant Act 1954.
Accommodation Approximate NIA floor areas are as follows: Floor Areas Ground Floor Basement TOTAL
SQ FT 2,300 1,800 4,100
SQ M 214 167 381
Licence The premises licence permits the sale of alcohol on and off the premises Monday to Friday from 10am to 12 midnight, Saturday 11am to 12 midnight and Sunday 12 noon to 11.30pm. This may be extended on 10 occasions throughout the year and is till 05:00 on New Years. The licence also denotes separate bar and restaurant areas, and does not limit alcohol to only being served with food. Viewing and Further Information Viewing strictly by prior appointment with the sole agents: Alex Lowry Lambert Smith Hampton 0207 198 2232
[email protected] Daniel Morgan Lambert Smith Hampton 0207 198 2170
[email protected] Charlotte Rogers Lambert Smith Hampton 0207 198 2030
[email protected] 2 Elystan Street, Chelsea, London, SW3 3NS
EPC Available upon request. VAT All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate. Legal Costs Each party to be responsible for their own legal costs incurred in any transaction.
December 2017
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property.
Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.